Press release
Sludge Treatment Chemicals Market Globally Expected to Drive Growth through 2025
Sludge Treatment Chemicals Market: Drivers and Restraints
Rapid industrialization in the developing countries is increasing the production of sludge, thus making the removal of sludge important. This in turn, is expected to drive the demand for sludge treatment chemicals in the near future. Stringent government regulations pertaining to the treatment of sludge in industries is expected to boost the demand for sludge treatment chemicals in the upcoming years. Companies are striving to decrease the toxicity in the industrial sludge, thus the demand for sludge treatment chemicals is anticipated to boost in the forecast period. The growing chemical industries coupled with the rising metal processing industry is expected to be a major demand driver for the global sludge treatment chemicals market in the upcoming years.
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The major key players in the sludge treatment chemicals market are continuously struggling for product development through extensive research and development. Development of odour control products and product differentiation is proving to be a trend in the global sludge treatment chemicals market. Moreover, the reuse of treated sludge in agriculture or as an admixture in cement is anticipated to prove to be a traction in sludge treatment chemicals market.
Sludge Treatment Chemicals Market: Segmentation
The global sludge treatment chemicals market is segmented based on type as
Coagulants
Flocculants
Disinfectants
Others
Flocculants is expected to contribute maximum share in the global sludge treatment chemicals market.
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The global sludge treatment chemicals market is also segmented on the basis of end use industry as
Automotive
Metal processing
Oil and gas
Food and beverages
Chemical
Electronics
Others (paper and pulp, personal care products)
Sludge Treatment Chemicals Market: Region – wise outlook
The global sludge treatment chemicals market is segmented into seven key regions on the basis of geography as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Middle East and Africa and Japan. North America holds the largest market position in the global sludge treatment chemicals market. United States is expected to continue be the largest consumer of sludge treatment chemicals in the forecast period. Asia Pacific is anticipated to be the fastest growing region with maximum CAGR in the global sludge treatment chemicals market. The rapid industrialization in the developing countries such as India and China is expected to boost the sludge treatment chemicals market in the upcoming years.
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Sludge Treatment Chemicals Market: Major key players
Some of the key players identified in the sludge treatment chemicals market are
BASF SE
Kemira Oyj.
Ashland Inc.
Kurita Water Industries Ltd.
Akzonobel N.V
GE Corporation
Ovivo Inc.
SNF (UK) Company
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